NRI Taxation Services
NARESH POKALA & COMPANY · Hyderabad
NRI Taxation Services in Hyderabad
Non-Resident Indians often still have income and investments in India: rent from property, interest on bank deposits, capital gains on shares or property, and family business income. Indian tax rules for NRIs are different from those for residents, and mistakes can lead to excess TDS, lost refunds or notices. Naresh Pokala & Company helps NRIs from Hyderabad and across India manage their Indian taxes from anywhere in the world.
Our NRI Tax Services
- Determining your residential status for the year
- Income tax return filing for NRIs
- Tax on rental income from Indian property
- Capital gains on sale of property, shares and mutual funds
- Claiming refunds of excess TDS
- Lower or nil TDS certificates before selling property
- DTAA benefits and foreign tax credit
- Advice on NRE and NRO accounts and repatriation
- Tax planning for NRIs returning to India
Common NRI Tax Issues
- High TDS on property sale: buyers deduct TDS on the sale value when buying from an NRI, which can be much more than the actual tax. A lower deduction certificate obtained in advance can reduce this.
- Interest on NRO accounts: taxable in India, with TDS deducted by the bank.
- Residential status: the number of days spent in India decides whether you are taxed as a resident or non-resident.
- Double taxation: income taxed in both countries can often be relieved under the tax treaty (DTAA).
Documents Usually Required
- PAN, passport and travel details for the year
- Indian bank statements and interest certificates
- Rent agreements and property documents
- Capital gains statements and sale and purchase documents
- Tax residency certificate from your country of residence, where DTAA benefit is claimed
Frequently Asked Questions
Do NRIs need to file an income tax return in India?
Yes, if their Indian income exceeds the basic exemption limit or if they want to claim a refund of excess TDS.
Can everything be done online?
Yes. We work with NRIs across the world through email, WhatsApp and video calls.
Manage Your Indian Taxes with Ease
Talk to Naresh Pokala & Company, Chartered Accountants, LB Nagar, Hyderabad. WhatsApp us on +91 73068 10570.